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Bailout: Governors warned against wasteful spending

08 July 2015, 16:01

Abuja - Workers from across the country have admonished state governors not to squander the bailout approved by President Muhammadu Buhari for payment of civil servants, Punch reports.

The workers while welcoming the the news of the approval by President Muhammadu Buhari of a special bailout package for the three tiers of government to settle outstanding salary obligations.

Also read: Buhari approves N804.7bn bailout for states

Buhari on Monday approved a comprehensive relief package worth N713.7bn to pay federal workers and bail out cash-strapped states, many of which had been unable to pay their employees.

The package includes the sharing of $1.6bn dividend and $500m tax by the Nigerian Liquefied Natural Gas Limited paid between the federal and state governments.

The chairman of the Osun state chapter of the Nigeria Union of Teachers, Wakeel Amudah, on Tuesday hailed Buhari for approving the bailout package.

Read more at Punch

- News 24


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